Hudson Pacific Buys Olympic-Bundy Media Campus

Hudson Pacific Properties Inc. said it has completed an $89 million acquisition of the Olympic-Bundy Media Campus, for which it plans major improvements.

The West Los Angeles real estate company said that it plans to reposition the 11.6-acre complex at South Bundy Drive and West Olympic Boulevard now that its purchase from limited liability company MGP VIII is complete.

The complex comprises four buildings totaling about 233,600 square feet, of which 84,200 square feet is vacant. Nearly two thirds of the space is leased through May to the Rubicon Project, an online advertising technology company.